2-bed · 1,331 sqftElite Residence, Dubai Marina · 37th floor · completed 2012

3708, Elite Residence

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3708 · DLD and Ejari recordsUpdated 21 February 2025
Last soldAED 1.01M13 April 2017
Current rentAED 130K /yr21 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3708, Elite Residence

What is 3708 worth today?

Last sold for AED 1,007,361 in 2017

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21 Feb 2025RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
31 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
11 Jan 2023RentedRenewal
AED 82,631/yr8 months · AED 62 per sqft
11 Jan 2022RentedRenewal
AED 72,000/yr12 months · AED 54 per sqft
11 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
10 May 2018RentedRenewal
AED 108,000/yr12 months · AED 81 per sqft
10 May 2017RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
13 Apr 2017Sold by developerReady
AED 1,007,361AED 757 per sqft

Source: Dubai Land Department. Updated 21 February 2025.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
37th of 83
Parking
B2-11
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.01M · April 2017

About 3708, Elite Residence

3708 is a two-bedroom apartment of 1,331 sqft on the 37th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 13 April 2017 for AED 1,007,361, or AED 757 per sqft, 40% below the AED 1,259 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 21 February 2025, is AED 130,000 a year: a gross yield of 12.9% on the 2017 price, before the service charge of about AED 17,400 a year.

Sales and rents for 3708 over time

Sales
Unit 3708, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,374; 2010 AED 2,452,658; 2012 AED 1,720,000; 2013 AED 1,922,407; 2014 AED 2,223,814; 2015 AED 1,675,000; 2016 AED 1,675,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,105,000; 2022 AED 1,495,000; 2023 AED 1,730,000; 2024 AED 1,900,000; 2025 AED 1,874,500Sold by developer, April 2017: AED 1,007,361 (AED 757 per sqft)

3708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3708, each contractTypical two-bed in Elite Residence
50K100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 72,500; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 131,250New contract, May 2017: AED 120,000 a yearRenewal, May 2018: AED 108,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 72,000 a yearRenewal, January 2023: AED 82,631 a yearNew contract, January 2024: AED 130,000 a yearNew contract, February 2025: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Elite Residence, and where 3708 sits

All 198 2-beds →

3708 last sold in April 2017 at AED 757 per sqft, 40% below what two-beds in Elite Residence were fetching at the time (AED 1,259). Over the last 12 months two-beds sold for AED 1,826,595 to 1,950,000, around AED 1,403 per sqft, and rent for AED 120,120 to 200,000 a year. 3708's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,950,000
2 Jan 20261,865,000
24 Dec 20251,826,595
24 Jul 20251,925,000
4 2-bed sales in the last 12 months

Elite Residence

Building

697 apartments, 1-bed to 5-bed over 83 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 12 sold in the last 12 months.

Typical price per sqft
AED 1,404 Down 1.7%
Typical sale
AED 1.85M
Typical rent
AED 105K /yr
Typical yield
7.0%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 37th floor

All 697 units in Elite Residence
Value
37011-bedAED 1.35M · Mar 2025
37022-bedAED 2.05M · Feb 2013
37031-bedAED 1.7M · Oct 2014
37041-bedAED 1.35M · Jan 2013
37052-bedAED 2.05M · Jun 2013
37061-bedAED 671K · Dec 2012
37071-bedAED 671K · Jan 2013
1–7 of 11

3708, Elite Residence in numbers

  • Sold once: by Tameer Holding Investment on 13 April 2017 for AED 1,007,361, or AED 757 per sqft.
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2021 and recovered to AED 130,000 by February 2025.
  • At AED 130,000 a year the gross yield on the 2017 price is 12.9%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
  • Two-beds in Elite Residence sold for AED 1,826,595–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.

Source: Dubai Land Department. Updated 21 February 2025.

Questions about 3708, Elite Residence

What did unit 3708 last sell for?

AED 1,007,361 on 13 April 2017, sold by the developer: AED 757 per sqft for 1,331 sqft. It is the only registered sale of the unit.

What is the rent for unit 3708?

AED 130,000 a year on the contract signed on 21 February 2025. The previous contract, from January 2024, was AED 130,000; the unit has been rented since May 2017.

How big is unit 3708?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 37th floor of a 83-storey tower completed in 2012.

What is unit 3708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,826,595 to 1,950,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on 3708, Elite Residence

Starts from the last sale price (AED 1.01M, 13 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,007,361
Deposit, UAE resident (20%)
AED 201,472
Deposit, non-resident (40%)
AED 402,944
Monthly over 25 years at 3.7%
AED 4,121

Plus AED 47,319 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →